AirTran Airways Reports Another Record Month - February Passenger Traffic Increased 6.0%, Load Factor Up 3.2 Points -.Business & Travel Editors ORLANDO Orlando, city, United States Orlando (ôrlăn`dō), city (1990 pop. 164,693), seat of Orange co., central Fla., in a lake region; inc. 1875. In a citrus fruit and farm area, it is one of the world's most visited vacation spots. , Fla.--(BUSINESS WIRE)--March 2, 2000 AirTran Airways AirTran Airways is a low-cost airline that is a Delaware corporation with headquarters in Orlando, Florida, USA and is a subsidiary of AirTran Holdings. AirTran operates over 750 daily flights throughout the eastern USA and the Midwest, including over 270 daily departures from today reported a 63.0 percent load factor for the month of February February: see month. , up 3.2 points from a year ago. Traffic grew by 6.0 percent versus February 1999, on 0.6 percent more capacity. Both passenger traffic and revenue are all-time records for the month of February. "We continue to be pleased by the underlying improvement in our traffic base," said Robert Fornaro, AirTran Airways' president and chief financial officer. "The strong passenger growth combined with yield improvements has led to a second consecutive month of double-digit unit revenue improvement this year." This continues a pattern of four consecutive quarters of double-digit unit revenue growth. "Preliminary traffic for March indicates these growth trends will continue," Fornaro added. "Though fuel costs have increased substantially thus far in 2000, they are offset somewhat by significantly improved fuel efficiency and reduced maintenance costs of the Boeing 717. AirTran Airways placed its ninth Boeing 717 into service in February and has firm orders for 41 additional aircraft, seven of which will be delivered later this year. Systemwide, AirTran Airways operates 280 daily departures to 31 cities. Offering the convenience of easy, same concourse connections in Atlanta, AirTran Airways operates 132 daily departures from Hartsfield Atlanta International, the world's busiest airport World's busiest airport is a claim that is fiercely fought over by the owners of the world's largest airports. The definition of "busiest" is debated as well, with claims being staked on the basis of aircraft operations, cargo traffic or total passengers. . AirTran Airways provides everyday, affordable air travel throughout the eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and unlike other airlines, never requires a roundtrip round·trip or round-trip also round trip n. A trip from one place to another and back, usually over the same route. purchase or Saturday night stay. AirTran Airways is the launch customer for the Boeing 717, today's newest, most innovative commercial aircraft. AirTran Airways is a subsidiary of AirTran Holdings AirTran Holdings (NYSE: AAI) is a Nevada corporation that operates as an airline holding company. Its primary asset is AirTran Airways. History After the large amount of negative publicity surrounding the Flight 592 incident, ValuJet Airlines suffered serious , Inc. (Nasdaq:AAIR AAIR Asthma and Allergy Information and Research AAIR Army Accident Investigation and Reporting AAIR Asynchronous Adaptive Incremental Redundancy AAIR AI Language Research Institute ). For more information and reservations, call your travel agent, 800-AIRTRAN (800-247-8726), 770-994-8258 (in Atlanta), or visit the AirTran Airways website at www.airtran.com.
AIRTRAN AIRWAYS FEBRUARY 2000 TRAFFIC
(Preliminary)
February 2000 February 1999 Change
------------- ------------- ------
Available Seat Miles 429,272,569 426,716,155 0.6%
Revenue Passenger Miles 270,388,320 255,091,797 6.0%
Load Factor 63.0% 59.8% 3.2 pts.
Passengers Enplaned 504,524 470,880 7.1%
Y-T-D 2000 Y-T-D 1999 Change
----------- ----------- ------
Available Seat Miles 852,566,569 861,606,371 -1.0%
Revenue Passenger Miles 514,451,320 497,457,745 3.4%
Load Factor 60.3% 57.7% 2.6 pts.
Passengers Enplaned 956,880 918,268 4.2%
Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : The company's revenue figures are released quarterly. Note: Statements regarding the Company's preliminary traffic data, future profitability and revenue are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. and are not historical facts. Instead, they are estimates or projections involving numerous risks or uncertainties, including but not limited to, consumer demand and acceptance of services offered by the Company, the Company's ability to maintain current cost levels, fare levels and actions by competitors, regulatory matters and general economic conditions. The Company disclaims any obligation to update or correct any of its forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the company's SEC filings, including but not limited to the company's report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1998. Copies of this filing may be obtained by contacting the Company or the SEC. |
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